Tag Archives: profits

Entertainment chain HMV is projecting fiscal year profits will meet high-end market expectations, as annual and quarterly sales saw encouraging gains. The retailer said that like-for-like sales across its fleet of stores in the UK and Ireland were up 4.3 per cent for the sixteen weeks ended April 25, resulting …

Global software and hardware company Microsoft has suffered its first quarterly drop in revenues and sales in its 23 years as a public company, though its Xbox operations remained one of strongest parts of the business. Revenues for the quarter ending March 31st were down six per cent on the …

The UK’s leading retailer Tesco has reported record pre-tax profits of 3.13bn for the year ending February 28th 2009 – a ten per cent increase over the same period a year before. On average the supermarket saw sales in excess of 1bn every single week, with total sales for the …

2009 has proved to be a testing time for Finnish mobile phone giant Nokia, with the telecoms specialist reporting a 90 per cent fall in profits for Q1 2009. Net profits reached €122m, heavily down on the €1.2bn in the same period in 2008. Sales were also down, dropping 27 …

Leading software developer and Xbox 360 platform holder Microsoft has confirmed the speculation that it is to slash 5,000 members of its global workforce following an 11 per cent year-on-year decline in net profit. For the three months ending December 31st the firm reported a net profit of $4.17bn. Shares …

California based research company Electronic Entertainment Design and Research has claimed that only four per cent of titles that make it to market go on to make a profit. Speaking to Forbes Geoffrey Zatkin, president of the 20-man sales data firm, divulged a number of interesting facts relating to a …

Leading MMO developer and publisher NCsoft has reported a 50 per cent drop in profits for the financial quarter ending September 30th – and has also been dealt a blow with the news that famed developer Richard Garriot is to leave the firm. NCsoft’s profits for the period fell from …

Activision has announced record financial results for the third fiscal quarter, with net revenues of $1.48 billion. An 80 per cent increase over the previous year, with net income at $272.2 million. Nine month net revenues were $2.3 billion, over $1 billion more than the previous fiscal year. Net income …

Funcom has suffered declining operating losses, as well as a decline in revenues during the fourth quarter of 2007. The developer of upcoming MMO, Age of Conan, has reported that group operating losses increased from $1 million to $3.1 million in the fourth quarter. The company has also revealed that …

Konami has announced that group operating income for the nine months leading to December has leapt 20.4 per cent over the previous year. Total sales rose 8.1 per cent in the first fiscal three quarters to 229,730 million Yen, whereas operating income was up to 32,154 million yen. The company …